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Mick Wallace is bankrupt....

2

Comments

  • Closed Accounts Posts: 2,023 ✭✭✭Donal55


    if thats how you judge somebody for being a good TD, no wonder clowns like Wallace are getting elected.

    In fairness I'd prefer Wallace's attempts than then likes of Dicey Reilly's shenanigans with Primary Care Centres.


  • Closed Accounts Posts: 11 joint operation


    can ya loan us a tenner mick


  • Registered Users, Registered Users 2 Posts: 18,333 ✭✭✭✭namloc1980


    seamus wrote: »
    There you are. If you want to be successful, it's go big or go home. Don't be a chump borrowing €300k here and there - borrow €30m and you too can walk away with a €90k salary (plus expenses and generous holidays) and the roof over your head.

    That's not how bankruptcy works. The Official Assignee will decide where the income will go and most of it, beyond reasonable living expenses, will go into the bankruptcy. The family home is also at risk and Wallaces ownership of it automatically vests to the OA immediately.


  • Moderators, Politics Moderators Posts: 40,650 Mod ✭✭✭✭Seth Brundle


    Water John wrote: »
    Kbannon, you should do your research. MW was dealing with the Nama issue and Cerbus long before his loan was sold by ACC to Cerebus.
    He was always socially concious. Remember his banners on his cranes?
    Great work too with Wexford Youth.
    Didn't Cerberus buy his loan book in late 2014 (ACC had it had in receivership since 2011)?
    Didn't he first speak out about Cerberus, Project Eagle & NAMA in July 2015?


    http://www.ohigginssolicitors.ie/mick-wallace%E2%80%99s-property-company-being-wound-us-firm
    http://www.thejournal.ie/project-eagle-timeline-2978770-Sep2016/



    As for him being socially conscious, don't forget that he had to be forced to pay his employees pensions. He still hasn't paid his share of taxes. That's not being socially conscious!


  • Closed Accounts Posts: 11,221 ✭✭✭✭m5ex9oqjawdg2i


    kbannon wrote: »
    Did you turn up to your job interview looking however you want and if not, why?

    What has looks got to do with it? If being clean and tidy isn't enough, then the company isn't the right place to work IMO.
    kbannon wrote: »
    Thousands of people wear suits. Just because some dodgy people wore them does not negate the fact that they make one look respectful.
    Would you turn up to a wedding in a tee shirt?
    Or court?
    Or a job interview?
    Or...

    Should he straighten his hair? Or shave his beard? How is he untidy exactly? He wears decent clothes, it's just not the "norm" for his line of work, and fair play to him for going against the grain there. However, what the F has this got to do with the thread title anyway?


  • Moderators, Politics Moderators Posts: 40,650 Mod ✭✭✭✭Seth Brundle


    What has looks got to do with it? If being clean and tidy isn't enough, then the company isn't the right place to work IMO.



    Should he straighten his hair? Or shave his beard? How is he untidy exactly? He wears decent clothes, it's just not the "norm" for his line of work, and fair play to him for going against the grain there. However, what the F has this got to do with the thread title anyway?

    Hey, I didn't start the fashion discussion.
    Among other points, I mentioned how he does not look like wishes to show any form of respect to his employers!


  • Closed Accounts Posts: 11,221 ✭✭✭✭m5ex9oqjawdg2i


    kbannon wrote: »
    Hey, I didn't start the fashion discussion.
    Among other points, I mentioned how he does not look like wishes to show any form of respect to his employers!

    Hey me hole... I don't really care if you "started it" or not, it's a point your brought up and I challenged it.

    That's your opinion, how he dresses shouldn't have any bearing on how he does his job or how he shows respect.


  • Moderators, Politics Moderators Posts: 40,650 Mod ✭✭✭✭Seth Brundle


    Hey me hole... I don't really care if you "started it" or not, it's a point your brought up and I challenged it.

    That's your opinion, how he dresses shouldn't have any bearing on how he does his job or how he shows respect.
    OK then. Answer my question then
    Would you turn up to a wedding in a tee shirt?
    Or court?
    Or a job interview?

    I don't expect a suit. I do expect that he looks smart and respectful. His "socialist" comrades can do it, why can't he?

    However how he dresses does affect how he shows respect. Would you keep your job in Tesco if you didn't wear your uniform? What about being a teacher or a garda or GP?


  • Posts: 0 [Deleted User]


    bazza1 wrote: »
    Financially or intellectually? :D

    Dont forget morally also


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  • Registered Users Posts: 11,084 ✭✭✭✭martingriff


    Donal55 wrote: »
    In fairness I'd prefer Wallace's attempts than then likes of Dicey Reilly's shenanigans with Primary Care Centres.



    so you don't mind some shenanigans. So how do you decide which can be lambasted and which can't. I mean lets say FF FG Lab is declared bankrupt would you care as less as you do here or because it is someone from FF FG LAB etc hey should be hung drawn and quatered.

    Has Wallance done some work in various scandals? Yes
    Should that protect him from been outraged in relation to his taxes, pensions and bankruptcy? NO


  • Registered Users Posts: 11,084 ✭✭✭✭martingriff


    Water John wrote: »
    Kbannon, you should do your research. MW was dealing with the Nama issue and Cerbus long before his loan was sold by ACC to Cerebus.
    He was always socially concious. Remember his banners on his cranes?
    Great work too with Wexford Youth.

    Really always socially conscious?

    Let me remind you of is lack of paying taxes and pensions


  • Closed Accounts Posts: 2,023 ✭✭✭Donal55


    so you don't mind some shenanigans. So how do you decide which can be lambasted and which can't. I mean lets say FF FG Lab is declared bankrupt would you care as less as you do here or because it is someone from FF FG LAB etc hey should be hung drawn and quatered.

    Has Wallance done some work in various scandals? Yes
    Should that protect him from been outraged in relation to his taxes, pensions and bankruptcy? NO

    Why should Wallace be lambasted over the garda whistleblowing cases. He did good work there?


  • Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,688 Mod ✭✭✭✭Stheno


    kbannon wrote: »
    Didn't Cerberus buy his loan book in late 2014 (ACC had it had in receivership since 2011)?
    Didn't he first speak out about Cerberus, Project Eagle & NAMA in July 2015?


    http://www.ohigginssolicitors.ie/mick-wallace%E2%80%99s-property-company-being-wound-us-firm
    http://www.thejournal.ie/project-eagle-timeline-2978770-Sep2016/



    As for him being socially conscious, don't forget that he had to be forced to pay his employees pensions. He still hasn't paid his share of taxes. That's not being socially conscious!

    Cerebrus bought his 2 million ulsterbank debt

    He owes acc another 20 million acc refused to support him going into the new personal insolvency arrangements which is why he was declared bankrupt


  • Registered Users Posts: 11,084 ✭✭✭✭martingriff


    Donal55 wrote: »
    Why should Wallace be lambasted over the garda whistleblowing cases. He did good work there?

    Where have I said that?

    What I said was those good works should not prevent him from been lambasted over his taxes, in relation to pensions and his bankruptcy.


  • Closed Accounts Posts: 2,023 ✭✭✭Donal55


    Where have I said that?

    What I said was those good works should not prevent him from been lambasted over his taxes, in relation to pensions and his bankruptcy.

    You obviously never read my previous post where I said that Wallace was in the wrong and should not get any special treatment from ISI.


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  • Closed Accounts Posts: 2,023 ✭✭✭Donal55


    Donal55 wrote: »
    No gra for Wallace here, he owes revenue and others, he should pay up. Credit to him for the Garda whistleblowing story, what he wears doesn't concern me.

    For MartinGriff.


  • Registered Users Posts: 11,084 ✭✭✭✭martingriff


    Donal55 wrote: »
    You obviously never read my previous post where I said that Wallace was in the wrong and should not get any special treatment from ISI.

    I was replying to this post had not seen your earlier which I infered as you rather Wallaces shenanigans and not others.
    Donal55 wrote: »
    In fairness I'd prefer Wallace's attempts than then likes of Dicey Reilly's shenanigans with Primary Care Centres.


    I see now I took it up wrong and I apologise


  • Closed Accounts Posts: 11,221 ✭✭✭✭m5ex9oqjawdg2i


    kbannon wrote: »
    OK then. Answer my question then
    Would you turn up to a wedding in a tee shirt?
    Or court?
    Or a job interview?

    I don't expect a suit. I do expect that he looks smart and respectful. His "socialist" comrades can do it, why can't he?

    However how he dresses does affect how he shows respect. Would you keep your job in Tesco if you didn't wear your uniform? What about being a teacher or a garda or GP?


    What does it matter how I would dress at any of those events? Either I say "no I wouldn't" and somehow that automatically invalidates my point, or I say "Yes I would" which also somehow invalidates my point.

    He isn't attending a wedding, court room or a job interview, he's attending work. Would you live in light house if your name was Tom?

    How he dresses does not have any effect on "respect" (why that's important is another point). It only has an effect on your perception of respect, which is really stupid.

    He also doesn't work as a Guard, GP, teacher or in Tesco. What's the uniform of a GP or teacher anyway? Should I get upset if my teacher or GP wears a polo shirt?

    His clothes are fine, if only more would move away from image and focus more on abilities and traits.


  • Closed Accounts Posts: 1,520 ✭✭✭learn_more


    I always wondered why he never wore a suit in the Dail and looks like a tramp.


  • Moderators, Politics Moderators Posts: 40,650 Mod ✭✭✭✭Seth Brundle


    What does it matter how I would dress at any of those events? Either I say "no I wouldn't" and somehow that automatically invalidates my point, or I say "Yes I would" which also somehow invalidates my point.

    He isn't attending a wedding, court room or a job interview, he's attending work. Would you live in light house if your name was Tom?

    How he dresses does not have any effect on "respect" (why that's important is another point). It only has an effect on your perception of respect, which is really stupid.

    He also doesn't work as a Guard, GP, teacher or in Tesco. What's the uniform of a GP or teacher anyway? Should I get upset if my teacher or GP wears a polo shirt?

    His clothes are fine, if only more would move away from image and focus more on abilities and traits.
    You're the one that keeps wanting me to discuss his poor fashion choices. If you don't want me to respond then don't ask me questions.
    Let's see you discuss my other points on him then.


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  • Registered Users, Registered Users 2 Posts: 43,028 ✭✭✭✭SEPT 23 1989


    He was only 23 when he wrote Stairway to Heaven


  • Closed Accounts Posts: 4,789 ✭✭✭Alf Stewart.


    So Wallace has been made bankrupt, and because of this, and his other irregularities with the tax man, he therefore should be slung out of the Dail?


    A sitting Health minister got named in Stubbs Gazette for defaulting on his debts, and our current finance minister was embroiled in defrauding our Exchequer for almost ten years, but sure at least they dress in suits?

    Some people need to take a long hard look at themselves.


  • Posts: 0 [Deleted User]


    The suits thing doesnt bother me too much in all honesty. I couldnt give a fúck what they wear. In fact many politicians would be better if they cut to the chase and wore clown costumes altogether. More fitting


  • Moderators, Politics Moderators Posts: 40,650 Mod ✭✭✭✭Seth Brundle


    So Wallace has been made bankrupt, and because of this, and his other irregularities with the tax man, he therefore should be slung out of the Dail?


    A sitting Health minister got named in Stubbs Gazette for defaulting on his debts, and our current finance minister was embroiled in defrauding our Exchequer for almost ten years, but sure at least they dress in suits?

    Some people need to take a long hard look at themselves.
    If you're referring to me, I responded to a post about suits. I also mentioned about how he managed to give his brother his vineyard and also how he didn't pay the VAT and pensions. I also believe that he had a grudge against Cerberus and this is what motivated his actions against NAMA.
    However, for some reason people fixated on comments regarding his looks.
    The man is a former property developer, and no different to any of the others who helped bollix up this country.
    He is in no way better than Reilly.


  • Closed Accounts Posts: 4,789 ✭✭✭Alf Stewart.


    kbannon wrote: »
    If you're referring to me, I responded to a post about suits. I also mentioned about how he managed to give his brother his vineyard and also how he didn't pay the VAT and pensions. I also believe that he had a grudge against Cerberus and this is what motivated his actions against NAMA.
    However, for some reason people fixated on comments regarding his looks.
    The man is a former property developer, and no different to any of the others who helped bollix up this country.
    He is in no way better than Reilly.

    Relax. It was a general observation.


  • Moderators, Politics Moderators Posts: 40,650 Mod ✭✭✭✭Seth Brundle


    Relax. It was a general observation.
    Maybe so but the man is put up on a pedastel but is no better than any of the rest of them in the Dáil.
    I don't understand how or why people could look up to him.


  • Posts: 0 [Deleted User]


    kbannon wrote: »
    If you're referring to me, I responded to a post about suits. I also mentioned about how he managed to give his brother his vineyard and also how he didn't pay the VAT and pensions. I also believe that he had a grudge against Cerberus and this is what motivated his actions against NAMA.
    However, for some reason people fixated on comments regarding his looks.
    The man is a former property developer, and no different to any of the others who helped bollix up this country.
    He is in no way better than Reilly.


    Spot on. This is the bit i take most exception to. This man is pretending to be a socialist and masquerading as the solution when he was part of the problem all along.


  • Closed Accounts Posts: 4,789 ✭✭✭Alf Stewart.


    kbannon wrote: »
    Maybe so but the man is put up on a pedastel but is no better than any of the rest of them in the Dáil.
    I don't understand how or why people could look up to him.

    Definitely. I agree 100%.'


  • Moderators, Politics Moderators Posts: 40,650 Mod ✭✭✭✭Seth Brundle


    Definitely. I agree 100%.'
    WTF is going on? Cue Twilight Zone music! :D


  • Registered Users, Registered Users 2 Posts: 3,670 ✭✭✭quadrifoglio verde


    While I'm no fan of his for the way he screwed the taxpayer over, he is democratically elected by the people of Wexford. Due to the way we elect people to our parliament, only they have the power to remove him.
    They knew about what he had gotten up to regarding revenue at the last election, they knew that he was insolvent and unable to pay his debts and yet they were still satisfied to re elect him.
    For that reason he has as much right to be there as any other member of the dail.

    He'll just have to resort to nice n easy as opposed to Peter Mark for the next 12 months to 3 years


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  • Registered Users Posts: 12 BeardyDevoy


    Mick Wallace ran a very successful business for over 20 years. He provided jobs which put food on the tables of many hundreds of workers. He paid out a lot of money including a 10% tax to the state on the wages he paid out ( Employers PRSI). I for one will b slow to knock him.
    Can the Wallace Bashers on this thread ask themselvs honestly "how many jobs they have created."
    I already know the answer, because if they knew how difficult it is to even create one job, they would not be Wallace Bashing the way they are.


  • Closed Accounts Posts: 97 ✭✭Laeot


    Mick Wallace ran a very successful business for over 20 years. He provided jobs which put food on the tables of many hundreds of workers. He paid out a lot of money including a 10% tax to the state on the wages he paid out ( Employers PRSI). I for one will b slow to knock him.
    Can the Wallace Bashers on this thread ask themselvs honestly "how many jobs they have created."
    I already know the answer, because if they knew how difficult it is to even create one job, they would not be Wallace Bashing the way they are.
    Hi Mick.


  • Registered Users, Registered Users 2 Posts: 19,802 ✭✭✭✭suicide_circus


    Leave worzel gummidge alone


  • Posts: 0 [Deleted User]


    Mick Wallace ran a very successful business for over 20 years. He provided jobs which put food on the tables of many hundreds of workers. He paid out a lot of money including a 10% tax to the state on the wages he paid out ( Employers PRSI). I for one will b slow to knock him.
    Can the Wallace Bashers on this thread ask themselvs honestly "how many jobs they have created."
    I already know the answer, because if they knew how difficult it is to even create one job, they would not be Wallace Bashing the way they are.

    He ran up massive debts with the banks that the taxpayer is now picking up. Im not going to have a go at the people in Wexford considering we are returning an even bigger crook in Tipp


  • Moderators, Politics Moderators Posts: 40,650 Mod ✭✭✭✭Seth Brundle


    He paid out a lot of money including a 10% tax to the state on the wages he paid out ( Employers PRSI). I for one will b slow to knock him.
    Leaving aside the issue of not paying theVAT or pension payments that he should have been paying, are you giving him praise for paying employers PRSI, an employer's obligation?
    Wow, so how highly would you praise an employer that dis pay their VAT properly and didn't hold onto their employees pension contributions?


  • Registered Users, Registered Users 2 Posts: 16,965 ✭✭✭✭astrofool


    This will only play into the persona he plays for the people of Wexford, I would never ever vote for him, but he knows how to keep himself on the gravy train. He's a developer who let the state pay his debts who got elected when developers caused the state's finances to collapse forcing austerity on everyone, he's a bloody genius. I don't think he even has any real policies other than "stick it to the man" and "fund the Wexford youths".


  • Registered Users, Registered Users 2 Posts: 13,727 ✭✭✭✭thebaz


    laugh wrote: »
    So if your business becomes unviable and owes money because of a global economic crash you are a criminal?

    If he was left with his assets, he might have been able to pay his debtors.

    He never paid his VAT bill or many debtors - just find it a bit nauseating to be lectured on everything that is wrong in the country when he is far from perfect himself - get his affairs in order then lecture me on everything that is wrong in the state and I will then listen


  • Registered Users, Registered Users 2 Posts: 6,175 ✭✭✭screamer


    Mick Wallace ran a very successful business for over 20 years. He provided jobs which put food on the tables of many hundreds of workers. He paid out a lot of money including a 10% tax to the state on the wages he paid out ( Employers PRSI). I for one will b slow to knock him.
    Can the Wallace Bashers on this thread ask themselvs honestly "how many jobs they have created."
    I already know the answer, because if they knew how difficult it is to even create one job, they would not be Wallace Bashing the way they are.

    And went bang owing 30 million..... taxpayers picking up loads of that bill that he will never repay......... that takes food out of current workers mouths in the form of taxes, and that negates all the other good stuff.
    Jobs are easy to create, it's keeping a business going and being prudent and responsible is the hard bit.............................but you'd know that if you had a business yourself.


  • Moderators, Politics Moderators Posts: 40,650 Mod ✭✭✭✭Seth Brundle


    Despite having a few bob to eat in restaurants, someone isn't paying off their mortgages...
    http://www.irishtimes.com/news/politics/mick-wallace-over-235-000-in-arrears-on-mortgages-1.2913248


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  • Registered Users, Registered Users 2 Posts: 18,333 ✭✭✭✭namloc1980


    kbannon wrote: »
    Despite having a few bob to eat in restaurants, someone isn't paying off their mortgages...
    http://www.irishtimes.com/news/politics/mick-wallace-over-235-000-in-arrears-on-mortgages-1.2913248

    He's a bankrupt. He doesn't owe those debts anymore.


  • Moderators, Politics Moderators Posts: 40,650 Mod ✭✭✭✭Seth Brundle


    OK, correction: someone hadn't been paying off their mortgages despite having 4 grand after tax in their pocket!


  • Closed Accounts Posts: 321 ✭✭171170


    The tax thief lost his gaff in Clontarf today. Sadly, the judge has allowed him three months before he must surrender possession. Hopefully he'll not remove the pipes and lead flashing before he leaves.

    How people can keep voting for this self-serving piece of excrement beggars belief.


  • Registered Users Posts: 7,259 ✭✭✭donkeykong5


    171170 wrote: »
    The tax thief lost his gaff in Clontarf today. Sadly, the judge has allowed him three months before he must surrender possession. Hopefully he'll not remove the pipes and lead flashing before he leaves.



    How people can keep voting for this self-serving piece of excrement beggars belief.

    He needs to meet up with Frank McNamara and get a few tips


  • Closed Accounts Posts: 321 ✭✭171170


    He needs to meet up with Frank McNamara and get a few tips

    Wallace was reported by RTE to owe in the region of €30 million (presumably to the likes of NAMA, i.e. you and me) - whereas poor old rubber lips and his little minx owe less than 10% of that!


  • Registered Users Posts: 12 KiKiReturns


    171170 wrote: »
    The tax thief lost his gaff in Clontarf today. Sadly, the judge has allowed him three months before he must surrender possession. Hopefully he'll not remove the pipes and lead flashing before he leaves.



    How people can keep voting for this self-serving piece of excrement beggars belief.

    That post says more about you than it does about Wallace.


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  • Closed Accounts Posts: 147 ✭✭houseplant


    That post says more about you than it does about Wallace.

    No it doesn't. Wallace owes the taxpayer (ie you & me) vast sums of money, and he is paid by the taxpayer (ie you and me) vast sums of money. The man has no shame, and we accept it.


  • Registered Users, Registered Users 2 Posts: 7,838 ✭✭✭Fann Linn


    houseplant wrote: »
    No it doesn't. Wallace owes the taxpayer (ie you & me) vast sums of money, and he is paid by the taxpayer (ie you and me) vast sums of money. The man has no shame, and we accept it.


    Did our current Minister for Social Protection square off her irregularities also?


  • Closed Accounts Posts: 147 ✭✭houseplant


    Fann Linn wrote: »
    Did our current Minister for Social Protection square off her irregularities also?

    Ridiculous deflection. I was sure this thread was about the boul Mick, righter of wrongs, man of the people...


  • Registered Users, Registered Users 2 Posts: 1,796 ✭✭✭spurshero


    Fann Linn wrote: »
    Did our current Minister for Social Protection square off her irregularities also?

    What’s this about ?


  • Registered Users, Registered Users 2 Posts: 11,476 ✭✭✭✭Ush1


    Fann Linn wrote: »
    Did our current Minister for Social Protection square off her irregularities also?

    Hi Mick.


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